Conventional loans are the most common and widely available mortgage option. For borrowers with good credit, balanced income, debt, and funds for a down payment, they are often the least complicated way to get the most flexible mortgage options.
Fixed-Rate for the life of the loan
Conforming Loan Limit: $647,200 ($970,800 in High Cost Areas)
10, 15, 20 and 30-year terms available
Minimum FICO score of 620
Used to finance Primary Residences, Second Homes, and Investment Properties
Low down payment options available for qualified borrowers